Senior Assistant Actuary

Posted 4 Days Ago
Be an Early Applicant
2 Locations
In-Office
116K-190K Annually
Senior level
Insurance
The Role
Individual contributor overseeing loss and ALAE reserve reviews across multiple product lines; ensuring accurate, timely analyses; communicating results to actuarial leadership and business; partnering on process improvements and department-wide modernization to streamline technical processes and documentation; and contributing to special reserving projects.
Summary Generated by Built In

*The title and career band/level for this position are flexible based on the candidate’s experience.

This Senior Assistant Actuary position is an individual contributor role with significant project ownership and oversight responsibility. The role will supervise reserve analyses across multiple product lines and support department-wide process modernization initiatives. This position offers the opportunity to expand responsibilities over time and grow into broader leadership scope.  The role can be based in either Philadelphia, PA or Whitehouse Station, NJ. 

Duties and responsibilities related to this position include:

  • Supervise loss and ALAE reserve reviews, ensuring analyses are completed accurately, timely, and in alignment with departmental standards.
  • Communicate reserve results and key insights to actuarial leadership and divisional business management in a clear and effective manner
  • Partner with actuarial and business stakeholders to identify, design, and implement process improvements that enhance efficiency, consistency, and control.
  • Support modernization efforts by helping to streamline technical processes, improve documentation, and strengthen repeatable workflows.
  • Contribute to special projects and other reserving-related initiatives as needed
Qualifications
  • FCAS or seasoned ACAS.
  • 5+ years of property & casualty actuarial experience.  There is flexibility to fill this position at a lower job grade for a qualified candidate with less than 5 years of experience.
  • Comfortable owning and modifying technical processes
  • Strong organizational and documentation skills, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates.

The pay range for the role is $116,000 to $190,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About Us
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Skills Required

  • FCAS or seasoned ACAS
  • 5+ years of property & casualty actuarial experience (flexible for exceptional candidates)
  • Comfortable owning and modifying technical processes
  • Strong organizational and documentation skills; ability to prioritize multiple competing deliverables and meet due dates
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The Company
HQ: Zürich
27,791 Employees

What We Do

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.

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